ED raids Gurugram’s 32nd Avenue over ₹500 crore scam


NEW DELHI: On Monday, the Enforcement Directorate executed raids targeting a real estate group based in Gurugram as part of an investigation into an alleged ₹500 crore fraud involving investors, officials reported.

Authorities searched seven locations associated with the entity known as 32nd Avenue, which operates in Delhi-NCR and Goa.

The company or its promoter has not yet responded to requests for comment.

According to ED officials, the case arises from multiple FIRs filed by Haryana Police, prompted by complaints from investors who claim to have been defrauded by the group.

The promoter-directors of the group are currently either evading arrest or in judicial custody.

  • Published On Apr 14, 2026 at 07:08 AM IST

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